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2595ml - Strong Reliable Corporate Money Maker For Sale

Horsham, Victoria, Australia
Asking Price:
LEASEHOLD $2,900,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- 40 + corporate 4star plus rooms.

- Easily runs under management with team happy to remain.

- Unique Regional corporate offering for the Victorian Market.

- Popular destination, regional centre, easy travel to Melbourne.

- Walk to CBD Restaurants and offerings - conveniently located.

- Strong, reliable and continual business with frequent two night stays or more.

- Executive offerings with modern finishes throughout.

- Well trained staff and teams.

- Strong and well-established systems.

- Immaculately maintained - no need for a refurbishment, the offering is quality.

- Modern low maintenance construction creating a quiet oasis for guest.

- Previously independently valued on 2+ occasions at $3M.

- In addition to the strong business aspects of the area, guests are able to enjoy the public Art and Heritage Trail, bridge and walking tracks, botanic gardens. regional art gallery. golf club and extensive antique collectables areas.

Victorian Regional tourism is reliable and growing. According to Business Victoria: “The tourism industry in Victoria has thrived in recent years, delivering major economic benefits for the State.” “In 2019-20 the state's tourism industry generated $23.4 billion (directly and indirectly) in Gross State Product, accounting for 5.0 per cent of Victoria's economy. Tourism in Victoria generated 232,000 jobs in 2019-20, equating to 6.8 per cent of employment in the state (23 Dec 2021).” “Australians' thirst for travel has grown rapidly over the last decade. And most of the growth has been within Australia – with over 90 percent of total trips by Australians remaining domestic (1 Feb 2021).”

The property prospers through its ability to attract domestic tourists with these strategies:
1. Using local SEO
2. Promoting local attractions
3. Work with local influencers
4. Offering a safe homey atmosphere
5. Stay flexible
6. Select print marketing.

$830,000 building to normal trade of $850+ expected going forward
$750,000 expected for the 2021 / 2022 fin year COVID impacted in early months.

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2595ML (quote when enquiring)

Property Code: 4108

Contact Tourism Brokers

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